Britain’s Galliford rejects Bovis Homes bid for home building arm

Housebuilding and construction group Galliford Try leads the FTSE 250. It is issued a profits warning in April and later rejected a possible bid by Bovis for its Linden Homes operations. Graham.

(Reuters) – Britain’s Galliford Try plc said on Saturday it had rejected a bid from home builder bovis Homes Group as the offer was not in the interests of all shareholders. Galliford Try said in a statement that Bovis intended to buy Galliford Try’s Linden Homes and Partnerships & Regeneration arm in exchange for new [.]

(Reuters) – News of a 950 million pounds bid for the residential units of builder Galliford Try plc drove shares in the company 8% higher on Tuesday even as the bidder Bovis Homes said the. the.

Galliford Try said it had rejected a bid from home builder Bovis Homes as the offer was not in the interests of all shareholders and the need to ensure that the remaining Galliford Try UK listed.

Bovis had offered 950m in shares for Galliford’s Linden Homes and Partnerships & Regeneration arms.. Galliford rejects 950m Bovis bid.. buy rival Galliford Try’s home building business.

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May 25 (Reuters) – Britain’s Galliford Try plc said on Saturday it had rejected a bid from home builder Bovis Homes Group as the offer was not in the interests of all shareholders.

Galliford Try rejects Bovis 1.1bn takeover bid for housing arm. "The Bovis Homes proposal envisaged galliford Try remaining an independent UK-listed group focussed on construction and Galliford Try shareholders receiving new Bovis Homes shares pro rata to their current Galliford Try.

Construction firm Bovis offered to pay £950m to buy rival Galliford Try’s home building business but was rejected, it has emerged. Galliford said the offer was too cheap and that it remained confident.

Britain’s galliford rejects bovis homes bid for home building arm. Galliford Try said in a statement that Bovis intented to buy Galliford Try’s Linden Homes and Partnerships & Regeneration arm in.

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Britain’s Galliford rejects Bovis Homes bid for home building arm (Changes sourcing to Galliford and add details) May 25 (Reuters) – Britain’s Galliford Try plc said on Saturday it had rejected a bid from home builder Bovis Homes Group as the offer was not in the interests of all shareholders.